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RBI vs. Crypto: Day 3 at the Supreme Court of India
22.1.2020
Based on a directive circulated by the Reserve Bank of India (RBI), cryptocurrency has long been considered banned in India. Well, not anymore. In a surprising turn of events, on Day 2 of the hearing, the central bank responded to a writ petition filed by the Internet and Mobile Association...
Digital Chamber Asks Court to Draw Line Between Investment Contracts and Assets in Telegram Case
22.1.2020
The Chamber of Digital Commerce, a blockchain advocacy group, wants a U.S. court to distinguish between an investment contract and the underlying asset used by Telegram during a 2018 initial coin offering
Craig Wright Court Saga Nears Judgment Day With More Questions Than Answers
22.1.2020
Craig Wright’s court tactics keep the case afloat — but for how much longer?
RBI Confirms Crypto Not Banned in India
21.1.2020
The Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. The RBI clarified that it only fenced in...
Digital Chamber of Commerce Weighs In on Telegram Legal Battle With SEC
21.1.2020
The Chamber of Digital Commerce filed an amicus brief in the Telegram vs SEC case, asking the Court to affirm that a digital asset should not be considered a security just because it is based on blockchain
India’s Central Bank Explains Why It Blocked Banks From Using Cryptos in Court Filing
21.1.2020
The Reserve Bank of India has said in a court filing that it had "ringfenced" financial institutions from dealing with digital assets over perceived risks, but hadn't banned cryptos
Vinnik’s Children File a Complaint About Rights Violation to Greek Court
20.1.2020
The lawyers of alleged $4 billion Bitcoin launderer Alexander Vinnik file a complaint alleging violation of Vinnik’s rights on behalf of his children
Lawsuit Against Ripple May Decide the Fate of XRP but Regulators Have the Final Say
20.1.2020
A prolonged legal battle, which may hold the key to XRP’s future, has been extended again. The class action lawsuit alleges that Ripple issued and sold the coin, one of the largest by market cap, as an unregistered security. The decision on the defendant’s motion to dismiss the lawsuit...
Crypto Fights for Freedom in India’s Supreme Court, Critics Cite Risk
19.1.2020
Indian judges presiding over the RBI v. Crypto case have repeatedly showcased their willingness to learn about digital currencies and blockchain-based tech
Crypto vs RBI: 3 Days of Intense Supreme Court Hearings
18.1.2020
India’s supreme court heard the crypto case in detail over three consecutive days this week. In addition to intense arguments against the central bank having the power to ban crypto, the judges learned how other countries regulate this new sector, the amended EU directive, the FATF guidance...
Tether Claims to Be Okay With Merger of Class-Action Lawsuits Against It
17.1.2020
Stablecoin Tether is reportedly okay with a merger of the three class-action lawsuits it currently faces
Telegram CEO’s 18-Hour Deposition Transcript Is Published Online
17.1.2020
Telegram CEO Pavel Durov gave a deposition regarding the alleged violation of U.S. securities law by conducting $1.7 billion Gram token sale in 2018
Three Days From Hearings Before India’s Supreme Court on Crypto Ban
17.1.2020
Cointelegraph recaps three days in the hearing before India’s Supreme Court on the country’s crypto ban
New Hampshire’s Second Bill to Accept Bitcoin as Tax Payment Fails
17.1.2020
New Hampshire state representatives have killed the legislature’s second attempt to accept crypto tax payments, saying that Bitcoin’s volatility is too high
Crypto Exchange Bithumb Takes Korean Tax Authority to Court Over $69 Million ‘Groundless’ Tax
17.1.2020
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply...
Ripple Plays 'USD 500bn XRP Market' Card in Court
16.1.2020
Brad Garlinghouse, CEO of Ripple. On January 15, Chief District Judge Phyllis Hamilton of the Northern District of California heard Ripple Lab’s case for dismissing a class action and now the company's fate, as well as that of the "half a trillion XRP market", is in her hands.
The judge now needs...
Bithumb Cryptocurrency Exchange Goes to Court Over $69M Tax Bill
16.1.2020
Bithumb crypto exchange is taking South Korean tax officials to court over a $69 million tax bill
Bitcoin Lawsuit Heats Up With More Bonded Courier Tales
16.1.2020
During the last few days, cryptocurrency participants have been discussing the notorious Kleiman v. Wright lawsuit as new developments have revealed a third party provided Craig Wright with the necessary information to unlock an encrypted file he could not access previously. Additionally, another...
More Bitcoin Scam Ads With Martin Lewis on Instagram — Can We Get a Filter for That?
16.1.2020
With Bitcoin scam ads still popular on the internet, uninformed investors need robust due diligence to prevent falling victims
Indian Supreme Court Hears In-Depth Arguments Against RBI Ban
15.1.2020
India’s supreme court spent all day hearing arguments against the crypto banking ban by the Reserve Bank of India (RBI) on Wednesday. The counsel for the Internet and Mobile Association of India presented extensive arguments to convince the court that the central bank acted outside...